Thank you for the reply greg, i do have a fixed rate on my house, its fairly low at 4% and i do round up on the payments. I couldnt stand to owe money anymore and i decided it was time to do something about it. The 401k i have is a government TSP account, its not great but i watch it alot,in the 5 years ive had it is has averaged 11% in returns but its a fund account and that makes me a bit worried as i have no control over what they put in it, there isnt much to pick from with the different plans and it being something tied to the government I always fear it will just go poof one day and be gone.
I figured having a house payment is unavoidable and I will prolly have it paid off in my mid to late 40s. I have give or take about $200 a month to put into a roth IRA so I wont get it capped either at this moment but at least this money was cash I was throwing away in interest for all the stuff I owed money on.
Its a shame I didnt read something like this 10 years ago, everything you have sad not to do was stuff I have done and I didnt know any better at the time. Alot of stuff I have read for investment advice I think is wrote by people making well over 100+k a year and I live in the midwest. I think average wage in Iowa is 35-40k a year so I dont know anyone that makes 100+k a year so its kinda a guessing game as to how a person should divy up their money to be well protected when investment caps cant be meet.
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